Competition for property to rent in West Lothian remains very strong in Q2 2019 with average TTLs materially reduced by 19 days YOY to just 21. 88% of 1 beds let within a month, the best figure of any Scottish region.
“Rental demand for good properties remains strong in central Scotland but we are seeing some interesting dynamics as a result of the high level of new properties being brought to the market at the moment. On the supply side, there are a number of properties with reluctant landlords coming to the market because these owners are finding it harder to sell their ‘a few year old properties’ as they are competing against new builds. On the demand side, people who were previously renting are continuing to be able to buy properties given the incentives available, for example, help to buy.”
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